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1

Hey, Dan, did you already read Ten Reasons Why You Should Ignore Exit Polls?

10. You'll know the actual results soon enough anyway. Have patience, my friends, and consider yourselves lucky: in France, it is illegal to conduct a poll of any kind within 48 hours of the election. But exit polls are really more trouble than they're worth, at least as a predictive tool. An independent panel created by CNN in the wake of the Florida disaster in 2000 recommended that the network completely ignore exit polls when calling particular states. I suggest that you do the same.

I offer this out of consideration for your health.

Posted by elenchos | November 4, 2008 10:15 AM
2

The good news is, if you want stock in the McCain campaign, it's selling at firesale prices.

Posted by Jay Andrew Allen | November 4, 2008 10:36 AM
3

Can someone please explain to me what this means? Is it a probability to bet on? It makes no sense. 1.1% of what?

Posted by The CHZA | November 4, 2008 10:59 AM
4
Posted by cochise. | November 4, 2008 11:05 AM
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Posted by cochise. | November 4, 2008 11:07 AM
6

@3 The CHZA

www.fivethirtyeight.com > FAQ >
Step 6. Simulations and Win Probabilities > What is Win % or Win Probability?

Posted by elenchos | November 4, 2008 11:09 AM
7

A number of statistical gurus before work were discussing the methodology used by 538.

Very interesting, but probably boring to the layman.

Last night my son showed me, how it was almost impossible for McCain to win.

Posted by Will in Seattle | November 4, 2008 11:36 AM
8

@3 Long story short, 538 runs 10,000 election simulations and of those, McCain only wins 1.1% of them (or 110 times).

Posted by T | November 4, 2008 12:02 PM

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